Sentences with phrase «shallow water drilling»

Representation of a U.S. independent oil and gas company in connection with the equity financing of its acquisition of reserves and a shallow water drilling program in the Gulf of Mexico.
Shallow water drilling activities can continue to move forward, under the Interior Department's order, if operators comply with all safety and environmental requirements.
It appears that the primary reason for the spin - off was that Pride wanted to exit the struggling shallow water drilling business in the GOM and increase its focus on the floating and deep water drilling segments where Pride «believes the best long - term growth prospects reside in the offshore industry.»

Not exact matches

The water they will be drilling up there will be fairly shallow and most scientists believe the oil is under less pressure which improves your margin for safety.
In March, Transocean sold its fleet of shallow water jack - up rigs to Norway's Borr Drilling BORR.NFF for $ 1.35 billion, saying it wanted to focus on its core deep - and ultra-deepwater rig market.
I have a suspicious feeling that the offshore - drilling issue isn't exactly going to overwhelm the electorate, despite widespread (but shallow) support, but the Republicans involved in #dontgo seem to have taken to it like a dying man in the desert to water.
Gary, it is just not factual that the reason they were drilling in deep water is because they were regulated out of the «shallow» water.
The simple truth is that petroleum companies go where the oil is, and, having drilled all the «shallow» water oil out of the ground, they are now going deeper.
The gas did not match the shallower methane that the gas industry says is naturally occurring in water, a signal that the contamination was related to drilling and was less likely to have come from drilling waste spilled above ground.
This raises concern that toxic chemicals used during the drilling could seep into shallow drinking water sources.
The agency tested the water in the shallow wells that tap the groundwater above the 169 gas - producing wells in the field; in two municipal wells in the town; and in several surface and deep wells that it drilled for monitoring purposes.
So much groundwater pumping raises issues, though, as it pushed the water table lower and lower, causing shallower wells to dry up and deeper and deeper wells to be drilled.
Records from disparate corners of the United States show that wells drilled to bury this waste deep beneath the ground have repeatedly leaked, sending dangerous chemicals and waste gurgling to the surface or, on occasion, seeping into shallow aquifers that store a significant portion of the nation's drinking water.
Patterson - UTI Energy (PTEN) of Texas, Helmerich & Payne (HP) of Oklahoma, and Unit (UNT) of Oklahoma all drill for oil and natural gas, primarily in the southwest U.S. Hercules Offshore (HERO) of Texas is yet another driller, although it conducts most of its business in the shallow waters of the Gulf of Mexico.
Hercules Offshore is another leading shallow - water drilling services provider in the GOM.
HAWK's business centers on renting out shallow - water jackup rigs, twelve of which are currently «cold - stacked» (inactive), to various drillers in the Gulf of Mexico and (when business is good) the Mexican coast.
And that's part of the reason oil companies are drilling a mile beneath the surface of the ocean — because we're running out of places to drill on land and in shallow water.
«It further reinforces that Shell's approach to Arctic exploration is aligned with the high standards the Department of Interior expects from an offshore leader and adds to our confidence that drilling will finally commence in the shallow waters off Alaska this summer.»
In many seismically active areas, high - temperature, high - pressure water trapped below the surface can be accessed by shallow drilling.
Encana had carried out shallow drilling to extract methane gas from coal beds using a technique known as hydraulic fracturing, which Ernst believes has led to the contamination of her water supply.
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